Banking and Finance 2 MCQs

M

Mr. Dubey • 51.67K Points
Coach

Q 41. Which of the following is the first Development Bank of India

(A) IFCI
(B) SFC
(C) NABARD
(D) State Industrial Development corporations

M

Mr. Dubey • 51.67K Points
Coach

Q 42. Industrial Development of was established as a subsidiary of

(A) RBI
(B) SIDBI
(C) SBI
(D) Industrial credit & investment corporation of India

M

Mr. Dubey • 51.67K Points
Coach

Q 43. ”Development Banks” are

(A) Branches of commercial Banks whether in private or public sector, situated in rural area for upliftment of weaker sections of the society
(B) Financial sections which provide long term finance to industries
(C) Land development banks which provide development financing to agriculture
(D) None of these

M

Mr. Dubey • 51.67K Points
Coach

Q 44. Industrial Finance Corporation of India (IFCI) was established in :

(A) 1946
(B) 1947
(C) 1948
(D) 1949

M

Mr. Dubey • 51.67K Points
Coach

Q 45. Venture capital was originated in which of the following countries?

(A) India
(B) Britain
(C) USA
(D) France

M

Mr. Dubey • 51.67K Points
Coach

Q 46. What is the full form of VCT?

(A) Venture Capital Trusts
(B) Venture Capital Trading
(C) Value Capital Trusts
(D) Value Capital Trading

M

Mr. Dubey • 51.67K Points
Coach

Q 47. Which of the following give finance to young, start-up companies?

(A) Venture Capital Firm
(B) Finance Company
(C) Small – business Finance Company
(D) Capital – Creation Company

M

Mr. Dubey • 51.67K Points
Coach

Q 48. Which agency regulates and supervises NBFCs?

(A) Finance Ministry
(B) SEBI
(C) RBI
(D) Respective state government

M

Mr. Dubey • 51.67K Points
Coach

Q 49. An increase in productivity in a country will cause its currency to _____ because it can produce goods at a _____ price.

(A) depreciate; lower
(B) appreciate; lower
(C) depreciate; higher
(D) appreciate; higher

M

Mr. Dubey • 51.67K Points
Coach

Q 50. If a factor increases the demand for _____ goods relative to _____ goods, the domestic currency will appreciate.

(A) foreign; domestic
(B) foreign; foreign
(C) domestic; domestic
(D) domestic; foreign

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